Settings8H · net · $10k
Funding arb · Price arb /

PENGU

all PENGU markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0092%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.339%
Price spread now: dYdX against Nado+0.009%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado PENGU-PERP0.0087170.0100pay 0.0012% / 1h38m 11s$585K$1.0M5x
ShortdYdX PENGU-USD0.0087180.0192get 0.0024% / 1h38m 11s$12K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$19.24
Price spread: +0.009% → 0.000%
$0.87
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
$3.11
Costs to cover
0.170%
Break-even
5.9 days
Slippage unknown: Nado: live order book, just now; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, just now1.15 bp8.7 bp −$922.2 bp −$222doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PENGU on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit PENGU_USDC-PERPETUAL−0.0209%1h0.008707−0.120%$18K$10K10xas long as short
01 Exchange PENGUUSD−0.0032%1h0.008715−0.029%$199$645xas long as short
Gate PENGU_USDT−0.0004%4h0.008707−0.120%$3.3M$15.6M75xas long as short
gTrade (Gains Network) PENGU/USDL +0.0007% / S −0.0003%1h0.008710−0.083%$32K150xas long as short
Injective PENGU/USDC PERP+0.0033%1h0.008789+0.820%$3K$117K5.5xas long as short
Lighter PENGU+0.0096%1h0.008706−0.132%$309K$709K8xas long as short
Orderly PERP_PENGU_USDC+0.0099%4h0.008709−0.098%$23K$166K20xas long as short
Nado PENGU-PERPlong+0.0100%1h0.008717long leg$585K$1.0M5x
Hyperliquid PENGU+0.0100%1h0.008714−0.040%$8.1M$14.6M5xas long as short
Aster PENGUUSDT+0.0100%4h0.008718+0.003%$120K$577K20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PENGU+0.0100%1h0.008721+0.040%$153K$243K5xas long as short
Binance PENGUUSDT+0.0100%4h0.008698−0.219%$36.4M$159.8M75xas long as short
Bybit PENGUUSDT+0.0100%4h0.008697−0.235%$23.2M$38.6M75xas long as short
OKX PENGU-USDT-SWAP+0.0100%4h0.008694−0.270%$7.4M$46.0M50xas long as short
Arcus PENGU-USD+0.0100%1h0.008720+0.029%$19K$24K5xas long as short
MEXC PENGU_USDT+0.0100%4h0.008701−0.189%$11.5M$12.3M125xas long as short
KuCoin PENGUUSDTM+0.0100%4h0.008699−0.212%$4.8M$9.1M75xas long as short
Bitget PENGUUSDT+0.0100%4h0.008701−0.189%$8.2M$12.4M75xas long as short
BingX PENGU-USDC+0.0100%4h0.008691−0.304%$2.3Mas long as short
Backpack PENGU_USDC_PERP+0.0100%1h0.008698−0.224%$298K$275K10xas long as short
Variational Omni PENGU+0.0100%4h0.008712−0.065%$866K$985Kas long as short
GRVT PENGU_USDT_Perp+0.0100%4h0.008753+0.412%$457K$2.0M10xas long as short
ApeX Omni PENGUUSDT+0.0100%1h0.008758+0.465%$80K$243K50xas long as short
SunX PENGU-USDT+0.0100%4h0.008911+2.220%$2K$2.0M10xas long as short
SoDEX PENGU-USD+0.0100%1h0.008702−0.178%$1K$5K5xas long as short
HTX PENGU-USDT+0.0100%4h0.008734+0.189%$91K$348K25xas long as short
Extended PENGU-USD+0.0104%1h0.008704−0.154%$179K$944K10xas long as short
Aevo PENGU-PERP+0.0104%1h0.008696−0.247%$201K3xas long as short
dYdX PENGU-USDshort+0.0192%1h0.008718+0.009%$12K$4K5x
Reya PENGURUSDPERP+0.0239%1h0.008708−0.107%$29410xas long as short
BloFin PENGU-USDT+0.0340%4h0.008706−0.132%$1.5M$3.3M75xas long as short
GMX PENGU/USD [WBTC.b-USDC]L +0.0510% / S −0.0582%1h0.008711−0.075%$118K100xas long as short
Kraken Futures PF_PENGUUSD+0.0653%1h0.008709−0.097%$355K$2.3M50xas long as short
Coinbase International PENGU-PERP-INTX+0.2296%1h0.008967+2.862%$95K$94K50xas long as short